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    Home»Business

    The Economist – BritGPT 

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    By News Team on June 19, 2023 Business, Business Briefing, News Briefing
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    The Economist – BritGPT 

    How Britain can become an AI superpower

    THE ECONOMIST SAYS Get ready for some big British celebrations in 2030. By then, if Rishi Sunak is to be believed, the country will be “a science and technology superpower”. The prime minister’s aim is for Britain to prosper from the booming opportunities offered by supercomputing and artificial intelligence. Generative ai has stoked a frenzy of excitement (and some fear) among techies and investors; now politicians have started to acclaim its potential, and British ones are in the vanguard. Britain, says Mr Sunak, will harness ai and thus spur productivity, economic growth and more. As he told an audience in London this week, he sees the “extraordinary potential of ai to improve people’s lives”.

    Mr Sunak’s vim and his readiness to champion ai are welcome, even if his claims sound breathless. After all, Britain’s government has spurred innovation that had sweeping economic effects—think of the Big Bang reforms in the 1980s that turned London into Europe’s financial hub. There is every reason to believe a new ai era will create huge opportunities . He is right to plan for how to make the most of these chances. But could Britain, realistically, lead on this?

    Catch up on all the business pages here

    The Economist - BritGPT 
    The Economist – BritGPT 

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